Section: US & Canada

The so-called Panama Papers, leaked over the weekend, detail alleged money laundering schemes, with a $2 billion scandal leading to the heart of the Kremlin. Here is what we know about the leak and how it has been received in Russia. What is the leak? The leak was of 11.5 million papers and documents—held by Mossack Fonseca, a Panama-based law...

The Latest on the publication by a coalition of media outlets of an investigation into offshore financial dealings by the rich and famous (all times local): … Click to Continue » …read more Source: The News...

A security guard sit outside the Mossack Fonseca law firm in Panama City. (Arnulfo Franco, AP) BERLIN — The release of a vast trove of documents and other data on offshore financial dealings of wealthy, famous and powerful people around the world is raising questions over the widespread use of such tactics to avoid taxes and skirt financial...

Kalashnikov Concern, the manufacturer of the famed Russian AK-47 assault rifle, is planning to increase the share of its civilian products to counter declining sales amid international sanctions on Russia over Crimean annexation in March 2014, according to reports Monday. Vladimir Dmitriev, the company’s marketing director, said that the...

Global investigations have begun into the tax arrangements of rich and powerful people around the world, following a massive data leak from a Panama-based law firm which revealed a vast network of offshore companies set up for clients including world leaders.The Australian Tax Office (ATO) said on Monday it was investigating more than 800 wealthy...

The Mossack Fonseca law firm in Panama City. (Arnulfo Franco, AP) BERLIN — An international coalition of media outlets on Sunday published what it said was an extensive investigation into the offshore financial dealings of the rich and famous, based on a vast trove of documents provided by an anonymous source. The International Consortium of...

(JTA) — Hundreds of Israeli companies and some 850 Israeli shareholders are listed as having offshore accounts in a dump of leaked documents known as the “Panama Papers.” The 11.5 million documents was published on Sunday, following a year-long investigation of their contents led by the International Consortium of Investigative Journalists and...

With more than 2.6 terabytes of data comprised of more than 11.5 million documents, the release of Panama-based law firm Mossack Fonseca’s records this week represents one of the largest data leaks in history — bigger than both the intelligence records revealed by NSA whistleblower Edward Snowden three years ago and the U.S. diplomatic...

(BERLIN) — An international coalition of media outlets on Sunday published what it said was an extensive investigation into the offshore financial dealings of the rich and famous, based on a vast trove of documents provided by an anonymous source. The International Consortium of Investigative Journalism, a nonprofit organization based in...